Nadia Lamb (45315 views) Google

Nadia Lamb
Do you know each other? coupons for tretinoin .05 The fragmentation of the American stock market was fueled, in part, by a rule created in 2007 by the S.E.C. The rule, known inelegantly as Reg NMS, was designed to protect investors from their brokers. Instead it wound up creating, as such rules often do, new ways for brokers to abuse their clients. Reg NMS requires stockbrokers to route their clients’ orders to whichever exchange offers the best price. For example: if you tell your Goldman Sachs broker to buy a million shares of Apple, and Apple shares are being offered at $400 a share on NASDAQ and $401 inside the Goldman Sachs dark pool, Goldman is now required to send your order first to NASDAQ. (You might think that brokers might do this naturally to please their clients. Think again.)
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